U.S. durable goods edge higher, boosted by car demand
WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods edged higher in August and gave a signal that the factory sector gained a step midway through the third quarter.
Durable goods orders rose 0.1 percent during the month, the Commerce Department said on Wednesday.
The report showed that shipments of non-military capital goods other than aircraft grew 1.3 percent during the month, snapping two straight months of declines.
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